Articles for author: Market News

Market News

ICRA ESG assigns its inaugural ESG rating to InCred Financial Services, signaling a transformative step towards sustainable investment in India.

ICRA ESG assigns its inaugural ESG rating to InCred Financial Services, signaling a transformative step towards sustainable investment in India.

ICRA ESG Ratings Limited has announced its first Environmental, Social, and Governance (ESG) rating for InCred Financial Services, a non-banking financial company. Recently registered as a Category-I ESG Rating Provider by SEBI, ICRA ESG aims to aid investors in understanding non-financial risks and opportunities. InCred received a rating of Impact 57, categorized as Moderate. This ...

Market News

Black Box CEO Sanjeev Verma outlines ambitious plans for 2027-28, targeting  billion revenue by expanding India’s operational significance.

Black Box CEO Sanjeev Verma outlines ambitious plans for 2027-28, targeting $2 billion revenue by expanding India’s operational significance.

Sanjeev Verma, CEO of Black Box, a part of the Essar Group, has announced plans for significant growth in India, aiming for the country to represent 7-8% of the company’s business as it seeks to reach $2 billion in revenue by 2027-28. Currently, India accounts for just 6% of revenue, which is around $750 million ...

Market News

Kejriwal’s Bail: Political Puppet or Governance Guru? The Supreme Court’s Curious Conditions Tighten the Chief Minister’s Strings.

After a lengthy legal battle involving the trial court, Delhi High Court, and the Supreme Court, Delhi Chief Minister Arvind Kejriwal has secured bail. However, his bail comes with controversial conditions that restrict him from visiting his office or signing official documents, limiting his ability to govern effectively. This situation raises concerns about the impact ...

Market News

A Nipah virus death has been confirmed in Kerala, escalating health concerns amid increasing outbreaks in the region.

A Nipah virus death has been confirmed in Kerala, escalating health concerns amid increasing outbreaks in the region.

The Nipah virus has claimed its first victim in Kerala, as confirmed by a government minister. The state is on high alert due to the virus, which poses serious health risks. Meanwhile, Maharashtra’s Chief Minister Eknath Shinde announced that assembly elections are expected to take place in the second week of November, with seat-sharing discussions ...

Market News

Amid Public Grievances, Yogi Adityanath’s ‘Janta Darbar’: Listening or Lip Service in Uttar Pradesh’s Governance?

Uttar Pradesh Chief Minister Yogi Adityanath organized a ‘Janta Darbar’ at Gorakhnath Temple to address local residents’ grievances. During the event, he interacted with attendees, particularly many women, who shared their concerns. Adityanath listened attentively and took notes to ensure their issues would reach the appropriate authorities for resolution. This initiative is part of his ...

Market News

Congress alleges a “rigged deal” by the Adani Group for Maharashtra’s power supply, as the ruling government faces impending defeat.

Congress alleges a “rigged deal” by the Adani Group for Maharashtra’s power supply, as the ruling government faces impending defeat.

Congress MP Jairam Ramesh has accused the Mahayuti government in Maharashtra of facilitating a “rigged deal” after the Adani Group won a bid to supply 6,600 MW of bundled renewable and thermal power to the state. This comes as the government faces the prospect of a significant defeat in the upcoming assembly polls. Ramesh criticized ...

Market News

Amit Shah’s Security Summit: A High-Tech Tackle on Drones and Fraud—Is India Ready or Just Talking?

Union Home Minister Amit Shah emphasized the need for police and intelligence agencies to proactively address national security threats like narcotics, rogue drones, and online fraud at the National Security Strategies Conference on September 14, 2024. He proposed a stronger strategy for counter-terrorism, advocating for collaboration with international agencies and improved coordination between the National ...

Market News

RBI embarks on a monumental 4-5 year project to revolutionize currency management, ensuring safety, efficiency, and eco-friendliness for India’s economic future.

RBI embarks on a monumental 4-5 year project to revolutionize currency management, ensuring safety, efficiency, and eco-friendliness for India’s economic future.

The Reserve Bank of India (RBI) is planning a major overhaul of its currency management system over the next 4-5 years to meet the growing cash needs of the economy. This modernization will include building new currency management centers, automating warehouses, and improving security and inventory systems. The RBI noted that while the growth rate ...

Market News

Modi’s Train Unveiling: A Fast Track to Progress or Just Another Delayed Journey in Jharkhand’s Rain?

On September 15, 2024, Prime Minister Narendra Modi virtually inaugurated six new Vande Bharat trains connecting Jharkhand, Odisha, Bihar, and Uttar Pradesh from Ranchi. Although he was initially meant to flag off the trains from Tatanagar, poor weather conditions forced a change in plans. The new routes include Tatanagar-Patna, Brahmapur-Tatanagar, and Rourkela-Howrah, enhancing travel for ...

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